Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

How Property Management Companies Can Help For Family-Rented Units

Jesse Obrien

If you're the owner of an apartment or house that you rent out and specifically cater to families due to the size of the place or its proximity to schools in the area, there are a few things you'll want to do. While you can certainly manage the property on your own to cut costs, this can be much harder to do if you're worried about the family living there and want the highest quality care for your tenants and less work for you. With the help of a property management company, you can get the following help provided to you.

Limit the Amount of Work You'll Need to Do

When you're renting to a family, especially a larger one with multiple children, it's likely that it will need maintenance work more often. From unclogging a toilet to checking a faulty air conditioning unit, you could end being called over for repairs quite often. With a property manager, all the work can be handled for you since they can arrange calls to plumbers, electricians, and other handymen.

By needing to do less work on your own, while still being able to give your tenants good quality help, you can be sure that your tenants will be satisfied.

Safest Option When Handyman Work is Needed

While you may be able to handle a lot of the work on your own, this can be a liability since some projects can lead to injury. When you factor in the fact that children will likely be present at the home when maintenance is done, it may be best to have professionals handle all the work and get the hiring done by the property manager.

Available at a Moment's Notice

Since families renting a home or apartment are likely to need repairs and maintenance more often than a typical tenant living alone or a couple, it's important that somebody is readily available. While you can certainly provide your phone number to help tenants, it's ideal for you to choose a property manager that can be available at all hours of the day instead. This will help put any of your concerns at ease and ensure that your tenants feel comfortable renting without help being unavailable.

As you consider all of the work needed for property management, you'll begin to see just how helpful a professional can be. Contacting local property managers and explaining your needs can help you find the ideal fit for what you're looking for. 


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About Me
Basics of Property Management: Screening Potential Tenants

For the last several years, I've used a property management firm to help with my rental properties. One of the tasks that they handle for me is screening applicants who would like to move into one of my vacant units. Their expertise has helped me lower my tenant turnover and find people who want to stay with me for years. Part of the process is a tenant screening credit check. Before any further contact takes place, my manager orders credit reports from at least two agencies. That is enough to tell us if an applicant is a good financial risk. Assuming the references work out, I meet the candidate and make the final decision. If you own rental properties, let me tell you more about the benefits of having a property manager. I'm betting you'll find this type of arrangement will work for you too.

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